NYSE:GES - US4016171054 - Common Stock
Taking everything into account, GES scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GES is showing a nice and steady performance.
Although GES has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
12.27
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GES is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GES is up. |
ChartMill Relative Strength | 80.85 | POSITIVE | GES has a high relative strength, it outperformed 80.85% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GES is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GES is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GES is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 75.57 | OVERBOUGHT | The high RSI value suggests GES may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests GES has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 97.74 | OVERBOUGHT | The high Stochastics value suggests GES may be overbought. |
Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for GES suggests some volalility. |
Average Directional Index/ADX (14) | 30.84 | POSITIVE | The high ADX value value for GES suggests a strong trend. |
16.89
+0.05 (+0.3%)